AQUARIUS PLATINUM LIMITED - Timetable and details in relation to completion of transaction with Sibanye

Timetable and details in relation to completion of transaction with Sibanye
Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
ISIN Code: BMG0440M1284
JSE Share Code: AQP
TIMETABLE AND DETAILS IN RELATION TO COMPLETION OF TRANSACTION WITH
SIBANYE
Aquarius Platinum Limited (Aquarius) refers to its announcement of 22 March in relation to
setting the Conditions Fulfilment Date for the proposed transaction with Sibanye Gold Limited
(Sibanye). All the details of the proposed transaction have been set out in previous
announcements released by Aquarius and in the notice of special general meeting,
explanatory memorandum and independent expert’s report (Meeting Materials) which were
released on 14 December 2015.
TIMETABLE
Set out below is a timetable of events leading up to completion of the transaction and
payment to Aquarius shareholders.
Event Indicative Time / Date
Conditions Fulfilment Date Thursday, 24 March 2016
Announcement of Conditions Fulfilment By 5.00pm (Bermuda time) on Thursday, 24 March 2016
Lodgement of application for delisting of Aquarius from By 5.00pm (local time for each exchange) on
the ASX, JSE and LSE Tuesday, 29 March 2016
Last day to trade Aquarius shares on ASX, LSE and JSE Friday, 1 April 2016
Cessation of transfers between each branch register of 5.00pm (local time for each exchange) on
Aquarius’ register of members Friday, 1 April 2016
Suspension of trading on ASX, LSE and JSE Monday, 4 April 2016
Record Date for the Amalgamation 5.00pm (local time for each exchange) on
Friday, 8 April 2016
Effective Time (cancellation of Aquarius shares) 8.30am (Bermuda time) on Tuesday, 12 April 2016
Delisting of Aquarius from ASX, LSE and JSE As soon as practicable following the Effective Time
Payment of consideration to Aquarius shareholders On or before Thursday, 28 April 2016
End Date under the Implementation Agreement 6 May 2016
PAYMENT TO AQUARIUS SHAREHOLDERS
As noted above Aquarius shareholders will receive payment of the consideration by
Thursday, 28 April 2016. As set out in the Meeting Materials, Aquarius shareholders will
receive the consideration, being USD0.195 (in the equivalent of local currency) in cash,
without interest, for each Aquarius share that they own. Shareholders will receive payment
in the currency of the country of the relevant branch register on which such shareholders’
shares are registered, converted at the prevailing spot exchange rate on the Record Date
(being Friday 8 April 2016).
For illustrative purposes only, as at the date of this announcement, the consideration of
USD0.195 would be equivalent to GBP0.14, AUD0.26 and ZAR2.97 per Aquarius share,
based on the closing prices and spot exchange rates on 22 March 2016.
END DATE
In accordance with the Implementation Agreement, the End Date was 6 April 2016. As the
Effective Time is not scheduled to occur until after this time, the parties agreed to extend the
End Date to 6 May 2016.
For further information please contact:
In Australia:
Willi Boehm
Aquarius Platinum Corporate Services Pty Ltd
+61 (0) 8 9367 5211
In South Africa:
Jean Nel
Aquarius Platinum (South Africa) (Pty) Ltd
+27 (0) 10 001 2848
or visit: www.aquariusplatinum.com
23 March 2016
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 23/03/2016 10:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Email this JSE Sens Item to a Friend.

Education

Policies

Sharenet Group of Companies

Risk Disclosure: Sharenet will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Trading or investing in crypto currencies carries with it potential risks. Prices of crypto currencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Crypto currencies are not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument or crypto currencies you should carefully consider your investment objectives, level of experience, and risk appetite.

Sharenet would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures), Forex and crypto currencies prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Sharenet doesn't bear any responsibility for any trading losses you might incur as a result of using this data. Sharenet may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.